In a surprising turn, jobless claims in the U.S. have decreased significantly, dropping by 33,000 to 231,000 after reaching a four-year high. This decline may indicate a stabilizing job market as the nation continues to recover from the pandemic.
The rise in U.S. unemployment claims to a four-year high casts a shadow over President Trump's economic policies. With job growth stagnating and fewer jobs created, the future looks bleak for the labor market.
Applications for US unemployment benefits soared to a four-year high, signaling potential layoffs as hiring slows. Initial claims rose by 27,000, reaching 263,000 last week, the highest since October 2021.
The Department of Labor's watchdog is investigating the Bureau of Labor Statistics over its data reporting methods, amidst shocking downward revisions in job growth estimates and rising inflation concerns. What does this mean for the economy?
The Labor Department's watchdog has opened an investigation into the Bureau of Labor Statistics amid claims of unreliable jobs and inflation data. With recent major revisions raising eyebrows, the probe aims to uncover the challenges faced in data collection.
Retirement savers in the US can soon invest in Bitcoin through 401(k) plans, thanks to a new executive order by President Trump. This shift could channel billions into digital assets, reshaping retirement portfolios. Discover how this could impact the market!
In a bold move, the Trump administration announced hundreds of federally owned properties for sale, including key buildings in D.C. This plan could reshape the federal landscape and impact local economies significantly!
In a controversial move, the Trump administration is dismantling federal civil rights offices, drastically reducing their ability to protect workers' rights and enforce antidiscrimination laws. This decision raises concerns about the future of equal opportunity for marginalized groups.
